Business Details
14 Years
experience
Emergency
services
Licensed Insolvency Practitioners in Bromsgrove
Established in 2012, The Timothy James Partnership is a Bromsgrove-based firm of specialist Licensed Insolvency Practitioners with over 30 years of collective experience. Led by Tim Heaselgrave, a Fellow of the Insolvency Practitioners Association and R3, we provide tailored solutions for businesses and individuals facing financial challenges across Worcestershire and the West Midlands. Our expertise spans insolvency procedures, liquidation, administration, and business restructuring, with a focus on practical, confidential advice. We prioritise client needs through free initial consultations, flexible out-of-hours support, and a commitment to resolving complex financial situations.Recognised for our professionalism and empathy, we work closely with creditors, directors, and professionals to deliver outcomes that balance legal obligations with real-world commercial realities. Our teams depth of experience, including roles at national firms like BDO Stoy Hayward, ensures clients receive authoritative guidance grounded in industry best practices and ethical standards.
Services
Administration
Liquidation
Bankruptcy
Company Voluntary Arrangements
Business Turnaround
Details
- Year established: 2012
Highlights and features
- We offer over 30 years of insolvency expertise with a Licensed Practitioner-led team.
- Our free initial phone consultation provides immediate, no-obligation guidance.
- Local specialists serving Worcestershire and West Midlands businesses since 2012.
- Client testimonials highlight our approachable, empathetic professional service.
- Fellows of leading industry bodies IPA and R3 ensure regulatory compliance and best practice.
Associations and certifications
- Insolvency Practitioners Association
- R3 (Association of Business Recovery Professionals)
What people say
Approachable and understanding
Professional and friendly
Helpful and professional
Supportive and assisted
Calm reassurance
Services
Administration
Administration provides struggling companies breathing space while restructuring. We act as appointed administrators to maximise asset value for creditors. Our expertise ensures compliance with statutory obligations while protecting businesses from legal action during reorganisation.
Liquidation
We manage solvent and insolvent liquidation processes for directors seeking orderly business closure. Our services include creditor communication, asset realisation, and tax-efficient shareholder distributions. We ensure legal compliance while minimising personal liability risks for directors.
Bankruptcy
Our bankruptcy services guide individuals through debt resolution under the Insolvency Act 1986. We assist with trustee appointments, asset management, and discharge processes. Our approach prioritises client understanding of obligations while working towards financial rehabilitation.
Company Voluntary Arrangements
CVA services help viable businesses negotiate formal debt agreements with creditors. We develop repayment plans under insolvency practitioner supervision, enabling continued trading while achieving better creditor returns than liquidation.
Business Turnaround
We assist directors with proactive business restructuring to avoid formal insolvency. Our services include cashflow analysis, creditor negotiations, and operational streamlining. We focus on preserving business continuity while addressing financial distress.
People
Tim Heaselgrave
Director
Licensed Insolvency Practitioner with 30+ years' experience. Former BDO Director, now leading Bromsgrove-based practice since 2012. Fellow of IPA and R3, specialising in corporate rescue and debt resolution.
Questions
What insolvency options exist for struggling businesses?
We offer administration, liquidation, CVAs, and business turnaround strategies tailored to your specific financial situation and business viability.
How much does liquidation cost?
Costs depend on case complexity. We provide transparent fee structures during initial consultations, with SIP9-compliant remuneration disclosures available.
Can I get immediate help with a winding-up petition?
Yes, we offer urgent out-of-hours advice for directors facing winding-up petitions to explore emergency solutions.
Do you handle personal bankruptcy cases?
Yes, we assist individuals with bankruptcy processes, including trustee appointments and discharge procedures under the Insolvency Act 1986.
Are meetings confidential?
All client meetings maintain strict confidentiality, with free initial consultations available to discuss sensitive financial matters discreetly.
How are creditors involved in insolvency?
We guide creditors through proof of claims, dividend distribution, and retention of title issues throughout formal insolvency procedures.
